Some Monday morning reading for your pleasure, or displeasure, as the case may be:
1)When economists and financial analysts start quoting Yeats:
Turning and turning in the widening gyre
The falcon cannot hear the falconer
Things fall apart; the center cannot hold
…it may not be an encouraging sign. John Mauldin offers some less-than-cheerful thoughts.
2)On the other hand, the very astute MaxedOutMama sees some positive signs for the U.S. economy, at least in the fairly near term.
3)Fund manager John Hussman offers his usual thoughtful analysis, and applied the game theory concept of backward induction to the current European debt situation.
Enjoy your morning coffee…